Yamato: It is recommended to switch from aviation stocks to shipping stocks primarily due to the expected high increase in airfare prices.

11:42 16/01/2025

Yamato suggests investors switch from airline stocks to shipping stocks.

Yamato released a research report stating that the chances of domestic air ticket prices rising this year are low, as the structure of domestic air passengers is shifting towards price-sensitive passengers. The bank suggests that investors switch from airline stocks to shipping stocks, mainly due to the high expectations of rising ticket prices in the market and the adjustment of shipping prices. The bank predicts that the stock prices of SITC (01308), COSCO Shipping Holdings (01919), OOIL (00316), TRAVELSKY TECH (00696), BEIJING AIRPORT (00694) and others are expected to outperform Air China Limited (00753) and CATHAY PAC AIR (00293).

Macau Gaming Holdings (00880) plans to acquire $500 million in cash for the preferential notes maturing in 2026, and simultaneously promote the issuance of new notes.

COLOUR LIFE (01778) plans to conduct a stock restructuring. The stake held by Huayuan Nian will decrease to approximately 9.98%.

SJM Holdings (00880) is planning to issue U.S. dollar-denominated preferred notes.

Macau Gaming Holdings (00880) plans to acquire $500 million in cash for the preferential notes maturing in 2026, and simultaneously promote the issuance of new notes.

COLOUR LIFE (01778) plans to conduct a stock restructuring. The stake held by Huayuan Nian will decrease to approximately 9.98%.

SJM Holdings (00880) is planning to issue U.S. dollar-denominated preferred notes.